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! >>> was president obama so focused on reelection that he was missing in action during the libya terror strike? this is special report. >>> i'm john roberts in for bret baier. the terror attack against the u.s. mission in benghazi is our topic. testimony on capitol hill has ignited a fresh round of debate today. what's not going away are questions about last year's terror attack in libya after panetta's final testimony yesterday. >> if i were a family member and one of my loved ones was killed in benghazi, i would be sick to my stomach. >> republican lindsey graham declared on twitter the president, quote, has to announce for his leadership on benghazi after panetta and general martin dempsey testified, they spoke to the president only once during the eight-hour attack. >> one time. >> right. >> you talked to him how many times? >> the same one time. >> graham and his republican colleagues repeatedly pressed panetta on why there was no direct follow up with mr. obama after they met in the oval office. >> are you surprised that the president of the united states never called you, secretary pent
the obama administration and the reporters who cover the president. >> the events this weekend made you rethink the level of transparency within the administration. >> and the fact that the president wanted to play golf with a golf pro? >> and what obama didn't want a photo op with tiger, tiger is the 1%, tiger is rich. >> and he was my partner and as i said, we won. >> this white house is the most closed white house we've ever had. i don't think the golf thing would be such a big issue except it's kind of the straw that broke the camel's back. >> i think it's safe to say, folks, obama's now spent more time with tiger woods than he has with the republican leadership. >> and he's an avid golfer and so am i. >> this white house determined the press corps so far has taken it, what they will cover and what they won't. >> the first official confirmation that anybody in this room received of that-- that the president was playing golf was from the white house press office. no reporter had any access different from the-- >> and anybody has a chance to play 18 holes with tiger woods ought to be
everybody. during the state of the union address, president obama talked about fixing the nation's infrastructure. things like the 70,000 or so structurally deficient bridges across the country. he emphasized the need to get these projects done with a combination of public and private funds and using american workers. "the new york times" reports today the president is going to talk in detail about those plans in a series of interviews. first part of the plan is called a fix it first strategy which invests $50 million in our highways bridges transit systems and airports the ones in most need of repair. congress would have to approve the money. part two would seek to and freedom to marry. we'll be back with more show on this wednesday. stay with us. we'll see you after the break. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you
with automatic budget cuts. joined by first responders, president obama, step one in sequester in game. once again using that bully pulpit and power of persuasion to call on congress to act. saying the jobs of emergency workers, military and even teachers are on the line. >> my door is open. i put tough cuts and reforms on the table. i'm willing to work with anybody to get this job done. none of us will get 100% of what we want. but nobody should want these cuts to go through, because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigidity here in washington. >> and the president asked congress to avoid what he referred to ameat cleaver cuts, $85 million cut with a mixture of spending cuts and closing tax loopholes. senate minority leader mitch mcconnell fired back saying "tote's event at the white house proves once again that more than three months after the november election, president obama still prefers campaign events to common sense bipartisan action." protesters and debt simpleton bowles rolled out their new plan
with strategists from president obama and mitt romney. secretary of state john kerry is calling on congress not to make senseless reductions in foreign aid to automatic spending cuts scheduled to begin march 1. the secretary spoke at the university of virginia in charlottesville. he was introduced by virginia senator tim kaine. this is an hour. [applause] >> thank you very much. thank you so much. hello, uva. it is great to be back on the grounds. i want to say to president sullivan what a treat it is to be here with you. thank you for hosting this great occasion. to my friend robert hurt, served with him in state government and now we travel to washington together. i look forward to good work together, especially if on this occasion to introduce secretary kerry and to introduce uva to the secretary. as i walked onto the stage i had a memory. on this stage with my dear friend, uva board member alan -- in a debate for lieutenant governor, a primary debate for lieutenant governor in the february of 2001. the first debate i've ever been in as -- >> [indiscernible] [laughter] >> so good to have
word today from president obama. he's taking on the gop on the right fiscal course for the country. he released his weekly radio address and says it's time to finish the job of cutting the deficit by the goal of $4 trillion. >> i disagree with republicans who think we should do that by making even bigger cuts to things like education and job training or medicare and social security benefits. that would force our senior citizens and working families to bear the burden of deficit reduction while the wealthiest are asked to do nothing more. that won't work. we can't just cut our way to prosperity. >> republicans aren't holding back in their gop address today. criticizing the president over the upcoming threat of sequestration. >> what the president failed to mention was that the sequester was his idea proposed by his administration during the debt limit negotiations in 2011. and now we in the house on behalf of our constituents are calling on the president to join us in replacing his sequester with better, more responsible spending cuts. >> joining me now, correspondent for the garden, an
, president obama still prefers campaign events to common sense bipartisan action." protesters and debt simpleton bowles rolled out their new plans to balance the books. one that will spread the hurt on both sides of the aisle. >> it's become clearer and clearer to us, that if in fact we're actually going to get a bipartisan deal, that we're going to have to push both sides to get out of their comfort zone. >> if anybody can't understand what we're trying to do, and if anybody can't understand the sequester isn't really -- it's just going to do total disruption. >> joining me noun john harwood, cnbc correspondent. last week it was the meteorite, i guess bruce willis needs to roll into town and save us from another countdown. i think everybody at home believes this is ridiculous and we can't fathom how we're here again. >> well, it is ridiculous. but we're here again because we have two parties that are ideologically apart. and don't like each other very much. the president is counting on republicans to blink again as at the did at the end of the year on revenue by agreeing for tax incre
of my friends say they would much rather lose. >> if that's the modus going forward, advantage obama the next 18 month or so, he will always pivot off this tri fur kated screen. >> and cokie, i know you were in the kindergarten in the '60s so you don't remember this. >> right. >> why don't you compare the republican party where it was from '60 to '68. >> many of the people in the conservative movement at the time, it was movement will say, look, we lost in '64, but it laid the groundwork for the reagan victory in '80. that was republican party they would say we were proud of opposed to the weak imitation of the democrats that they considered rockefeller and nixon. they think it was a success. look, if you look right now at where the party is an where the people are, it doesn't add up. talk about math, this -- the republican party is the party of white guys and michael. >> you saw what they did with me. >> white men are 34% of the population. >> and marco rubio. >> you can't make a party of that. you can't do it. when registonald reagan was ele in 1980, white men were 46% of the elect
center, jacki sheckner. >> president obama will welcome president napolitano as the italian leader prepares to leave office. then he'll give out the 2012 citizens medal to 12 people, the nation's second highest civilian honor. former senator harris waford helped form the peace corps and been an advocate in higher education and will receive the award. he will make a trip to chicago making remarks about his proposals to strengthen the middle class and bolster our economy. >> congress heading home today leaving a decent amount of work as it heads into a recess. republicans have now blocked the confirmation of former senator chuck hagel as our next secretary of defense. and brennaman as the head of the c.i.a. in a new t.v. add for the n.r.a., a gun owner is a proclaimed proud defender of the second amendment. >> after the nra's disgusting response, i've had enough. you take money from the n.r.a. and then continue to do their bidding, we're going to remember that come election time. >> move on is running a separate add targeting senator rob portman of ohio. the senator said he could get
a video showing president obama and american soldiers in flames. the update happening now. our top story today a desperate search for the missing in the wake of a powerful explosion. good morning i'm jon scott. jenna: hi, everybody, i'm jenna lee. crews are sifting through the charred rubble of a popular restaurant in kansas city after a natural gas explosion just blew it apart right before the evening rush. witnesses said the blast sounded like thunder and felt like an earthquake with a force so great it knocked out windows blocks away. flames from the massive four-eye hrarp four-alarm fire soared high into the night sky leaving 14 people injured and left two unaccounted for. one of them was found, is being treated in the hospital. firefighters with cadaver dogs are trying to locate another person, a woman who worked at jj's restaurant. >> we've been in contact with jimmy francey the owner. his first concern was not the restaurant, or the 27 years he's been in business but the people who worked with him in that business for a number of years and their safety. he was out of town and head
presidential candidate possible marco rubio will give the republican response to president obama's state of the union address next week. at this, he'll deliver his response in both english and spanish. let's discuss what's going on in our strategy session. joining us, the democratic strategist, paul begala and alex castellanos. alex, what does that say to you that the senators have picked marco rubio? [ speaking in spanish ] >> i think it's a great idea that they are putting him up against a new generation of democrat. barack obama moved the ball forward for democrats and now you're seeing the next generation of republicans step up. he's one of our most talented republicans but also represents new ideas. he's what we would call a bottom up republican. grow the economy up from the bottom up, not top down. >> the fact that he's going to do it in spanish as well, that will appeal to some latinos and hispanics out there? >> absolutely. it's a terrific choice. he's an outstanding speaker. i've seen him speak and he is powerful and mesmerizing. but i think he's made two different primaries. fi
could be achieved in the new obama administration, the second term you about it is ultimately the supreme leader who calls the shots. certainly the fact that iran told the u.n. nuclear watchdog last week it was going to be deploying a significant number of second generation centrifuges that can spin uranium three times as fast as ones currently used is not a sign of stepping back, jenna. it is certainly a sign of moving quickly along. there are some experts who think that actually more rigorous, intensive, sustained negotiations at this point will be more useful than sanctions. then there are different opinions at this point about this point of no return. some say it his iran has enough fissile materiel it could make a nuclear warhead. and that would be this summer by many estimates. others are saying that red line point is when iran can do that but do it in a way that is undetected by world powers so they won't really have an opportunity to respond in time. and some experts are frankly saying iran is already at this point is a nuclear power because it frankly does have the kn
on the budget cuts looming over washington. we're learning now that president obama will address the american people a bit later this morning. we'll cover that live. he will be joined by first-responders whose jobs according to the white house are on the chopping block but will the president offer any last minute deal to avert the cuts? we're waiting to hear more on this coming up here on america' newsroom. this is breaking news. he said it was all an accident. bombshell testimony from "the blade runner" this morning the olympian and double amputee charged with murder in the shooting death of his girlfriend. good morning everybody on a tuesday. welcome back if you were away for the holiday weekend. i'm bill hemmer. welcome to "america's newsroom.". martha: i'm doing well. thank you. what a story. i'm martha maccallum. good morning, everybody. the lawyers for oscar pistorius reading his affidavit this morning. he shot his girlfriend by mistake he claims, pumping four bullets into the bathroom door thinking she climbed in through the window in the bathroom and was a robber. bill: starting to se
with no intervening action or debate, that no further motion be in order, president obama be immediately notified of the senate's action, and the senate then resume legislative session. the presiding officer: is there objection? without objection, so ordered. under the previous order, the senate stands in recess until the senate finance committeel approved the name of jack lew of treasury secretary. iowa senator chuck grassley voted against the nomination, citing lew's role in citigroup during the bailout. here is what some of what senator grassley had to say. >> finally, mr. lew, i'm concerned about the attitude of this administration, supporters criticize the senate usually anonymously, exercising basic due diligence regarding this nominee. they don't like anyone questioning them and they don't like answering questions. despite their tactics we must continue to perform their senate vital role of advise and consent. what we've seen so far mr. lew is getting ad being paid by taxpayer supported institutions. citigroup received a taxpayer-funded bailout and gave mr. lew a piece of it on his way out
, and here are the results. the headline, "obama supported on guns, debt." when it comes to the federal deficit, 45% of americans support his approach to the deficit, 38% support republicans. when it comes to guns, it is 45% for president obama, 39% for congressional republicans. for climate change, 47% for the government, 26% for congressional republicans. inside "the washington times," "graham puts drone toll at 4700 kills worldwide." some -- "it was the first time any government official had referred to a death toll in the drone strikes as us officials have refused to discuss publicly details of the campaign against al qaeda terrorists in pakistan, yemen, and elsewhere through but senator lindsey graham, south carolina republican and a staunch supporter of the raids cited a number that exceeded estimates. we have killed 4700, mr. graham was quoted as saying by the easily patch. right below that in "the washington times," "ex-senator admits to siring love child in the 1970's. former senator pete domenici disclosed he fired me -- he fathered a super child with a 24-year-old daughter of
more in a live report in a bit. >>> searching for a contraception compromise. the obama administration's new proposal. >>> one last good-bye. hillary clinton bids farewell to her state department staffers, but her departure was overshadowed by another deadly u.s. embassy attack. the latest in "world tonight" next. >>> the biggest party in new orleans. >> thousands of others tonight, time to ramp up the party, get that moment in the international spotlight. laurence scott with a look at all the chaos and everybody wants their own 15 minutes of fame, too. >> reporter: so much is going on. we're hearing from the legends, that deer antler spray, we're trying to understand with ray lewis. confusing. when you get down to it, the families are having a good time. people are talking. people are arriving. it's a big scene. it's a circus. they're getting ready for this thing. take a look. >> arguably the best wide receiver in nfl history -- >> reporter: jerry wise has seen his fair share of super bowl glory. m rice is one of many former niners on the scene sharing their thoughts on life in the sp
the nation's security would be compromised by the sequester cuts. is that true? president obama's undersecretary of defense says prudent cuts are necessary and comparable. and we'll talk about using drone strikes to kill traitorrous citizens overseas. "the kudlow report" begins right now. >> first up president obama is starting to feel the heat. republicans are less and less likely to give in to his demand to raise taxes and they are publicly presenting a united front over impending budget cuts. that means sequester, which was obama's idea. it's going to happen. but listen to how the president attacked republicans today. >> they recognize that the sequester is a bad idea, but what they have suggested is the only way to replace it now is for us to cut social security, cut medicare and not close a single loophole, not raise any additional revenue from the wealthiest americans or corporations. >> there you go. additional revenue. joining me, robert costa. i was at the heritage foundation's seminar today for new and old congressional members. the vibe i picked up is, a, no new taxes
revolution, chairman of the case foundation and a member of president obama's jobs and competitiveness council. steve, good morning. >> good morning. >> a lot of inflection points in those speeches last night. but the notion of h 1 b, immigration, got a huge ovation. i wonder if you think this is real this time, and if so, what has changed? what makes this possible now? >> i think it is a moment there's now bipartisan support for a comprehensive immigration reform approach. i think people in talking about this for more than a decade, in the technology and entrepreneurial community have been talking about stapling green cards to diplomas. now it feels like republicans and democrats are coming together. so hopefully in the next few months we can build this coalition and pass immigration reform with a strong robust high-skilled immigration component. >> you're going to testify today before the senate judiciary committee on this topic. what is the net effect going to be on the effectiveness of startups in this country, on the labor market? because some are still making the market it's actu
. >>> president obama heads to virginia today where he'll outline the impact of the looming budget cuts. yesterday, the president met with the nation's governors asking them to pressure congress to do something. but louisiana governor bobby jindal is among top republicans accusing the president of trying to scare americans. he said instead it's time for mr. obama to show leadership. >> congress should not allow these arbitrary, sequester cuts to go through and hurt our economy, slow our recovery. there's got to be a better way. >> now is the time to cut spending. it can be done without jeopardizing the economy and critical services. >> south carolina governor nikki haley took aim at democrats and republicans saying "no one should be playing golf, no one should be taking vacations until the issue is resolved." i think probably the whole country agrees with that. let's get something done here. because again, we've seen this. we had the fiscal cliff thing at the end of the year. another issue come may with the debt ceiling. and the republicans are saying mr. president, all you're doing is scaring peo
equipment for the jewish community. 9 delegation will brief president obama on the trip in the coming days. >>> still ahead on "news4 at 6," a police chase with speeds topping 80 miles an hour. how the california highway patrol managed to get the driver to pull over. >>> there's a push on to get all sodas removed from the schools in fairfax county. >>> mayor vincent gray wants the city to be more green. one idea he has? charge you for moisture trahow you create. >>> plus fighting cybertheft. china reacts to accusations its mili >>> a guy driving a suspected stolen suv took police on a high-speed chase. the chase along the 405 lasted about a half hour with top speeds of about 85 miles an hour. one of the highway patrol officers used what's called a p.i.t. maneuver. >>> there's new video of the massive explosion in kansas city. it was taken from across the street. officials say construction crews hit a gas line last night. that's what caused the explosion. this morning crews found a body buried in the rubble. they think it is the body of a female employees who's been missing since the accide
. also, the number of deportations has increased every year since president obama took office. in obama's first year of office, he deported almost 390,000 and topped more than 400,000 deportations for the first time last year. everyone in the immigration debate seems to take for granted that the notion of securing the border is a laudable goal, but the enforcement first mentality has a host of consequences not to mention human costs. it ignores so much about the realities of migration in the 21st century. joining us on the table is elisio medina and aaron pena, a former member of the texas house of representatives, foupder of the hispanic republican conference of texas, now senior vice president of firm crosswinds communications. aaron, i want to start with you because you are from the border. how has the border changed during the period that you've been there previous from the ramp up of enforcement that we've seen now, many more border agents, fencing, we have put a lot more resources into making that as impermeable to people we don't want to cross as possible. >> let me first tell yo
, president obama will attempt to pitch the job to firefighters against further raising taxes on the rich. ers kin and bowls will be here with a solution to the sequester. we'll talk about google as it nears $800 a share. and the company that has written detailed reports on how the chinese are hatching american industry. will join us live in the next hour of "squawk on the street." >> all right. make your past to post nine. >> they did it with the offering. this is holding. freeport did its giant equity offering and moves all the way down. eye a buyer here. >> goldman up on gnc. >> gnc has been remarkable. this is like herbalife is a supplement company. sh a retailer people just love and i think it goes higher. >> gilliad. >> when does it quit? the answer is never in an environment where you still get slow growth and they've got a lot of good stuff in the pipes. >> biomarin. >> this is one of those companies that has been a specialist in or fan drugs. i've had them on air on "mad money." they are a remarkably good cup. >> arco. are they in apple, are they out of apple? i think they're in apple
that i believe president obama is doing by calling republicans, talking to them, trying to work with them. and when that happens, big things get solved. the fiscal cliff got solved because people started talking to one another. so this can happen again. yes, ma'am. >> yes, have your phones been ringing from members of the public? and if so, what are they saying? >> i'm sorry have -- >> have your phones been ringing from members of the public yet? >> no, but look, this is the announcement today. we've been doing a lot of this background work, and so i have no doubt my phones will ring from members of congress -- why is my control tower being closed? >> mr. secretary, where were these warnings two weeks ago, a week ago? i mean, speaking of movie references, this might be called an acting performance, because you are -- you're going to be scaring the public today. this is going to be scaring the public about their travel plans. >> well, we'll see what the reaction of the public is. what i'm trying to do is to wake up members of the congress on the republican side to the idea that they need t
on the why. cheryl: president obama selling immigration plan to the union leaders and ceos right now at the white house. dennis: plus, why the new wave band talking heads is featured prominently in the justice department's $5 billion mortgage lawsuit against s&p. ♪ [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing you
congress takes action. we will talk to president obama's right hand xhan on the economy been gene sperling. and we will talk about what action or inaction means in corporate america and the markets. among our guests today, larry bossidy. he will be our guest host today. evercore's founding partner, roger altman. >>> in the headlines this morning, royalty pharma is making an $11 a share bid to acquire elon. it hasn't received a formal response, but acknowledges it has been unsuccessful so far in its efforts to engage with the drugmaker since making that offer. shares rising this morning. take a look. also today, voluntarily recalls all lots of anemia treatment in the u.s. by royalty pharma. the drug is used to treat anemia. shares of affy defendant's exhibit madz down sharply in early trading this morning. >>> and hewlett packard announcing it's making a tablet that uses google's operating system. the hp7 will be in a similar size to the amazon fire. hp had a failed attempt back in 2011 with a device based on palm's web os software when it bought that for a nice sum -- actually, it paid way
quality. so we think it's a very fair return. >> david, obama care is coming. how is that going to affect your company? >> we see obama care as driving change in the marketplace and change is good because maybe to your core question, the status quo is not acceptable. we need to take costs out of the system and increase quality. for us, focus more on services. the change in the marketplace is a positive. one of the biggest changes we see happening in the united states is the opportunity to partner with physicians, to collaborate with physicians, to drive increases in health quality. today we have over 50 collaboratives already up and running in the united states where physicians are more paid based on the quality of outcomes haves the quality of services. as a result, people are getting better quality of outcomes, better services and costs are coming out of the system. >> david, give us a -- your outlook for the year ahead and a little bit beyond that. to what extent, when washington is -- it's in the middle right now of the process of trying to find cost savings. do you expect some of tho
we're here on squawk. >>> also, calls to the white house. president obama will be meeting with a dozen ceos today. and the bulls trying to battle back. it's been a good year, but now stocks coming off their worst losses this year. it's february 5th, 2013 and squawk begins right now. >>> good morning, everybody. ike becky quick along with andrew ross sorkin. joe kernen is off today so we are again joined by steve liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in t
the church, but he says god saved this village. >>> democrats and republicans are warning president obama not to go at it alone when it comes to immigration reform. that warning on immigration was leaked over the weekend. a spokesman says the proposal is meant only as a backup in case lawmakers cannot reach an agreement. it's very important at this point to say that the white house is also denying that they leaked this on purpose. >> they're saying look, this is our plan b in case you don't get your act together. everybody is working on this thing. you have the gang of eight in the senate bipartisan group. you have not group in the house of representatives doing its thing. also the u.s. chamber of commerce is helping to craft a plan. so everything is crafting a plan. so hopefully maybe all those things can come together into one cohesive, effective plan. but we don't know yet. >> it's not a bad idea to have a plan b. administration after administration has tried to do this and come up with a plan that will work and they have failed almost across the board. so who knows what we're going to
coming at us. we got dodd-frank, which isn't out yet, really. and we got obama care. and obama care, when you look at the complexities in that plan, health care costs are going to go up, they're not going to go down. and you've got temporary workers to deal with. retail has got a hell of a problem. going from 35 hours a week to 30 hours a week for a temporary employee. if you've got 50 employees. you want 49. there's so many complexities in these two things. so my concern about acceleration, is regulatory. warren may have a different view of that. >> interesting thing is i agree with everything jack has said, but it's -- it's i don't come away as pessimistic as he does. but he's absolutely right about, you know, about what's happening with health care, and everything. i don't disagree with a word that he said. that he said. >> and i'm not pessimistic, warren. i'm not pessimistic. i just think we -- we're at a position where we could really take off if we had the right policies. >> yeah. well i -- i -- the interesting thing kind of is that america really is doing better than the rest of th
show, he's come on "morning joe," "new york times," "financial times," but the obama administration, which effectively kicked him out of that job, if you remember, and said, you know, has really reembraced him. they had him out campaigning in the fall. he was at biden's big party in december, he was at hillary clinton's house, you saw just last month. no, i wasn't there. i thought it was a story about power and the return to power, and in a city where people drop people at a whiff of trouble -- >> the mayor never dropped him. >> i think many of his friends never dropped him. i thought it was an interesting sort of look at both steve and new york. >> what he was accused of, what we're talking about here, i'm shocked. that louis renault at its best, isn't it? like that was never done before? >> it was done, by the way, not just done for his case, but carlisle and about nine other -- >> don't show langone. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there?
away from its all-time high and a taxing debate in washington. president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should have put a ring on it ♪ ♪ if you like it then you should have put a ring on it ♪ >> good morning, everybody. i'm becky quick along with andrew ross sorkin. joe kernen is on vacation today so we're joined by steve liesman. we're happy to have him here. our top story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in
secretary pitch by obama. recreational equipment. readiness. >> yes. >> interior secretary can scale mountains. >> indeed. >> when we come back, seeking shelter from the bears. we'll find out in "mad dash." we close out the week, if the dow wants to avoid the first losing week of the year, got to close at 14,009. back in a minute. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. minutes until the last opening bell of the week. let's get cramer's "mad dash." we'll talk
and andrew ross sorkin. making headlines this morning, president obama is holding a white house open day-to-day hack-a-thon. >> oh. >> it's about hacking. >> duh. >> i thought it was about filling the entire places with hacks. >> i knew that's where you were going. >> that's what i thaw it was, a swear. >> come on, mr. brand new iphone. >> yeah. the administration is inviting developers and tech experts to come and share ideas. i thought it was just axelrod and a couple of the -- you know, i'm sorry. i apologize for that. hack-a-thon res common in the tech industry, complete with beer, pizza, sleeping bags, they're basically athletic events for technical geeks. i can't get beyond what i think a hack-a-thon is. it's such a perfect name. i was just thinking, we just talked about geeks today. did you see google today? >> i did. >> do you know who this guy is? i would feel inadequate. do you know add ward gorey? he was born in 1925 and it's about doodling. but they need to -- those guys at google every day need to prove their ultimate geekiness to us. >> or you can use it as an opportunity t
'll solve it. i was with peggy noonan this weekend on "meet the press." they say obama just wants to scare us, congress wants to scare us too. we're tired of it. we recognize -- roger was on this morning and he said, people are going to wake up and say, wow, the national parks are closed? no, there's not enough -- yes, long lines and travel. maybe take the train for change, maybe get in the car. i just don't think that there is enough to scare us yet. meanwhile, the defense stocks are red-hot. uss truman has to stay docked, can't go to the gulf. let's get some priorities, navy. 250 golf courses, really nice. >> the other side, comes up with bernanke tomorrow, maybe things are better than the market anticipates. and then how does he actually stop it and can he successfully do it so we don't get a huge backup in rates. >> it is a real worry. >> it's got to be. >> of all the people who are going to talk about it, isn't bernanke the guy you want tomorrow if you're a bull in this market? he's likely to go up there more so than some of the other speakers who have been out and around and here and
's not pushing it very hard. these are fossil fuels in the end. here's the bottom line. until president obama makes a push for natural gas vehicles, says yes to the keystone, and unless the saudis by again to pump more oil to lower the price of brent crude something they won't do since they curtailed production it is getting used to the higher gasoline prices as the world uses more oil. even as we alas are using less. the oil is in the wrong places, the refinery is in the wrong places. we don't have enough infrastructure and it looks like never the twain shall meet. "mad money" is back after this. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. how do you keep an older car running like new? you as
it very hard. these are fossil fuels in the end. here's the bottom line. until president obama makes a push for natural gas vehicles, says yes to the keystone, and unless the saudis begin to pump more oil to lower the price of brent crude, something they won't do since they curtailed production, it is getting used to the higher gasoline prices as the world uses more oil. even as we alas are using less. the oil is in the wrong places, the refinery is in the wrong places. we don't have enough infrastructure and it looks like never the twain shall meet. "mad money" is back after this. ♪ ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >>> betting line is there will be no sequester or there will be a solution for the end of march when it's really expected to kick in. that's right. despite the four-days to armageddon rap, the stocks that
the country together, who's taking a partisan approach. president obama does okay on that score. he's 48% of the country say he's trying to bring the country together. 43% say he's taking a partisan approach. but republicans get hammered by the public. only 22% credit republicans with trying to bring the country together. three times that many just about, 64%, say they're driving the country apart -- in a partisan way. and when you look at the issues at stake, each side has some advantages. but -- from the democratic point of view, looking out for the middle class, 22% advantage for the democrats. on the issue of taxes which is traditionally a republican strength, democrats have a small advantage plus 3%. republicans on the flip side, who would do better at protecting a strong defense? 26% advantage for republicans. who'd do better at reducing the deficit? 6% advantage for republicans. so each side brings strengths to this issue. but president obama clearly has the high ground in terms of the bully pulpit and trying to put pressure on republicans. he hasn't been able to put enough pressu
on cnbc and said january traffic was slow. implementation of obama care is creating uncertainty for the future. but this is why we don't do thesis investing here on "mad money," because all too often the facts refuse to comply with the story. take dominos, the second best performing stock over the last 12 months. maybe that means the consumer's fine or the consumer's in trouble, i don't care, but dominos is executing so well with the new deep dish pan pizzas that the company can transcend those problems. you're better off investing based off what's happening in a individual company rather than trying to put a story together about the whole economy that you can try to shoe horn lots of stocks into. especially if you're like me and my kids we all love dominos and order it every time we're together. no cheese, though. a 60-cent basis, rising 7.5% year-over-year. beyond, that the domestic same store sales increased by 4.7%, international, because dominos, by the way hugely and rapidly growing international business rose 5.2% versus the year before. dominos instituting the very first
. here's the bottom line. until president obama makes a push for natural gas vehicles, says yes to the keystone, and unless the saudis begin to pump more oil to lower the price of brent crude, something they won't do since they curtailed production, it is getting used to the higher gasoline prices as the world uses more oil. even as we alas are using less. the oil is in the wrong places, the refinery is in the wrong places. we don't have enough infrastructure and it looks like never the twain shall meet. "mad money" is back after this. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. except what it's done to my hair, so i'm doing something new. new age defy shampoo, conditioner and treatment from pantene. it's a system with pro-vitamins and caffeine. 7 signs of aging hair, like dryness and damage, virtually disappea
starting monday above the 14,000 mark. president obama says our economy is poised to expand. >> 2013 can be a solid year of solid growth, more jobs, and higher wages, but that will only happen if we put a stop to self-inflicted wounds in washington. >> in this morning's weekly address, the president called on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he says businesses created 2.2 million jobs last year. mr. obama suggests economic reforms including reducing the cost of healthcare programs like medicare and closing loopholes in the tax code. >>> first time in five years that the dow closed above 14,000. the industrial average had dropped to as low as 6600 in 2009. analysts credit increased consumer confidence, manufacturing, and auto sales for the recent stock market surge. >> we're moving in the right direction and compared to a lot of other countries, i think we're in a good position. >> the economy has improved, so some people have a little bit more money. what do you do with that money? you could put it in the bank, but you ea
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